Sony’s recent financials highlighted the poor performance of PS Vita and overall losses of 15.5 billion yen/$198 million. Today credit firm Fitch has cut the Japanese company’s credit rating due to its “loss of technology leadership in key products and the strong yen”, and issued a warning that aggressive restructuring would be needed to reverse […]

Somewhere, off in an – in all likelihood fictional – alternate universe, Kevin Butler’s riding a golden jet ski powered by fuel made from ground-up diamonds. Of course, he always did that. But now, Sony can actually afford it.

Looks as though Sony isn’t the only one sailing a leaky ship to LA. Nikkei’s reported that Nintendo’s to release a new Wii Fit – presumably Wii Fit Plus – and a new Wii Mario game in Japan this year. There’s no detail at all on the Mario outing, but the piece says that the […]

Nikkei.net’s predicted that Wii will pass the 50 million global sales barrier this month. He machine went on sale in 2006. In case you’ve been living under a rock, Nintendo boss Satoru Iwata’s keynoting GDC this afternoon, so don’t be hugely shocked if this gets announced. Thanks, Kotaku.

According to this Trading Markets piece, Nikkei and Nintendo are to bring out a piece of DS software designed to make learning about the Japanese financial system “fun”. “The software will be designed so that users can learn the basics of the economy — how it works and keywords for understanding it — by tapping […]

According to this Reuters report, the Nikkei’s reported this morning that Nintendo is to release a new DS this year. The hardware upgrade is to feature a built in camera, support for SD cards, music playback capabilities, and improved Wi-Fi support. The system’s screens will also be bigger. The piece apparently said that the new […]

According to this Thompson Financial story, quoting the Nikkei, both Nintendo and Sony are showing serious signs or moving their businesses into other areas of Asia outside Japan. Apparently, 20 DS titles are to be release in South Korea this year, and Nintendo “has started providing technologies to a South Korean game developer, which has […]

According to this, KBC has downgraded Nintendo stock to “hold” from “buy” and slashed its 12-month price estimate by 30 percent to 57,500 yen ($580). Analyst Hiroshi Kamide wrote in a report yesterday that Wii and DS sales in the US and Europe are peaking after “amazing growth” this fiscal year. “We believe that it […]

Please, let it end. According to this, the Nikkei is now reporting that Toshiba president Atsutoshi Nishida will be announcing the final discontinuation of HD DVD tomorrow, as well as halted sales of hardware and media by March. Like, within two weeks. According to that Engadget report, Toshiba is planning to just pull all HD-DVD-related […]

Sometimes you can’t do anything right. Despite leading the entire videogames race, Nintendo’s shares have hit a seven month low on the Nikkei, following a general trend in the Japanese market caused by the strong yen and a rotten US forecast. Shares in the company fell 5.9 percent today to (£219.30), the lowest price since […]